63% of Americans are Aware of Current Small Business Boom

Most voters (63%) know that American small businesses have been growing at a faster pace over the last two years compared to previous years.

The Job Creators Network/ScottRasmussen.com Weekly Pulse found that 78% of Republicans are aware of that faster small business growth along with 53% of Democrats (see question wording and crosstab results).

Meanwhile, even though most American news media coverage focuses on larger businesses and the stock market, the survey shows strong evidence that most voters still know how vital smaller businesses are to the economy.

Sixty-eight percent (68%) of respondents recognize that two-thirds of all new jobs in America are created by small businesses and 74% of voters know that 59 million Americans currently work for a small business.

This national survey of 1,119 Adults was conducted October 15-16, 2018 by ScottRasmussen.com and HarrisX, a leading research company specializing in online surveys (see Methodology). The Margin of Error is +/- 3.1 percentage points with a 95% level of confidence.

There is similar awareness of the changes small business owners and employees have experienced since the passage of the Affordable Care Act, also referred to as Obamacare. Sixty-two percent (62%) of respondents know that the number of small businesses offering health insurance to employees has gone down since the ACA became law.

While that awareness remains steady for Americans of all age groups, there are signs of a bit of a partisan bubble when it comes to the effects of Obamacare. However, just over half of self-described liberals are unaware that fewer small businesses are offering health care insurance since the passage of the ACA.

With health care consistently leading most polls as the top issue in the upcoming midterm elections, the effects of Obamacare on small business could be a key sub-issue for voters. Just 34% of voters rate the U.S. health care system as good or excellent.

At the same time, several economic analysts are documenting record optimism and confidence among small business owners. Many of those small business owners are crediting President Donald Trump’s tax and regulatory policies for the improvement. This may stand in contrast to what has been a volatile year for larger corporations and the stock market overall.

All data presented by ScottRasmussen.com is to enhance the public dialogue through data-driven analysis that explores the underlying currents of public opinion (read About Us). Receive the latest insights each day by signing up for Scott Rasmussen’s Morning Update

Neither Scott Rasmussen nor ScottRasmussen.com has any relationship with Rasmussen Reports® (see About Us).

Posted in Poll Results

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